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20121120
Search Results 0 to 15 of about 16 (some duplicates have been removed)
closing loopholes. that is a reputation of what john boehner suggested in the days since the president has been re-elected. >> that's totally right. a key point, the simpson-bowles tax idea is kind of a magic pony, right. everyone agrees in the ab instruct, we can bring down the rates, close loopholes and deductions and raise revenue. if that's such a wonderful idea how come it's only come up now. how come no one has done it. the reason is because it's really, really hard politically. once you get into the specifics. if you're trying to tie all the revenue to this abstract tax reform idea you're going to get into a position where the revenue is about never going to happen because once you get into reality it doesn't materialize. >> you have to do both, john. you have to do -- you have to raise the the rates and close loopholes to get the amount -- >> just raise the rates. >> you can't raise the rates high enough to produce $1.6 trillion. >> you can get $900 billion from expiring the bush tax cuts. >> and where do you get the other $700 billion from from. >> do a little reform and cut the r
so much. next, i love the '90s and why boehner and the boys should, too. stay with us. >> several states want to secede from the united states. >> leave the union. >> because 69 results of the election. it's so strange because i had many of those states on a list of states i would like to secede from the united states. i had proposed a bill to the congress. ♪ ♪ [ female announcer ] pop in a whole new kind of clean. with tide pods. a powerful three-in-one detergent that cleans. brightens. and fights stains just one removes more stains than the 6 next leading pacs combined pop in. stand out. without freshly-made pasta. you could also cut corners by making it without 100% real cheddar cheese. but then...it wouldn't be stouffer's mac & cheese. just one of over 70 satisfying recipes for one from stouffer's. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. >>> the challenge facing republicans in the house
are already digging in their heels. speaker boehner, senator minority leader mitch mcconnell, paul ryan. all of them saying they will fight the president on taxes. all of them saying the president doesn't have a mandate. but president obama has something to say about that. >> i have one mandate. i have a mandate to help middle class families and families that are working hard to try to get into the middle class. that's my mandate. >> this is a clear message. it's what americans voted for a week ago. are you sure you want this fight, republicans? democrat from pennsylvania chuck fatah and ezra klein, msnbc policy analyst. he's writing about the fight over taxes today and the piece is called "the big question: how, not whether, to raise taxes." thank you for joining me tonight. >> thank you. >> good to be here. >> congressman, do you think republicans will make a deal or is this 2010 with the tea party all over again? >> well, what the public needs to understand is the income tax system is not fair to them. there is a report done by the congress each year by the joint committee on taxation. sh
would be willing to accept and double the amount that speaker boehner had offered the president during their debt negotiations last year. today, the president is scheduled to meet with ceos from a dozen companies among them general electric, ford and ibm. they'll discuss ways to work together and try to find a balanced approach to reducing the deficit. during a closed door meeting yesterday with union leaders and liberal supporters, president obama reportedly vowed that he would "not budge" when it comes to letting the bush tax cuts expire for the country's highest earners. labor leader and president of the afl-cio was among those at the white house meeting and says he and the president are right now on the same page, richard trumka. >> we're working to make sure we're not paying a tab for a party we didn't go to. the president led with the notion of protecting the middle class and now you have republicans that have it in their power and could sign a bill tomorrow that protects the middle class so we'll see what they can. are we going to push them on that? without a doubt we're going t
, but it all had to come from spending. the republicans got their way. remember the talks about boehner and the negotiations on the debt ceiling. he got 98% of what he wanted. so the conversation used to be we will cut the deficit through spending cuts. now within the space of a week, the same people, glen hubbard who was romney's chief economic adviser slated to be the federal reserve head if romney had won has an op-ed in the financial times today saying the first thing we should do is focus on more revenues and the way to get that is from capping deductions for the wealthy. so it's extraordinary the shape of the the rhetoric that's coming from republicans in the the last week has really changed a great deal. i think they recognize, even if obama doesn't recognize and even if most centrist democrats don't recognize it, they hold all the cards here. >> so who's the god you're referring to there? >> grover norquist? i'd say it's more a collection of dayties who said the first -- >> but that's the point. republican leaders and some republican thought leaders might be coming around that w
party should take president obama up on his offer. you have speaker boehner saying, let's get compromise. this is the time to bring that debt down. we seriously have to do it. i don't think anyone disputes that, but it has to be a mix of spending cuts and the revenue. and the one figure that i'd like to add here is how much revenue we get by just going back to the clinton levels at $250,000 and above. that's $700 billion in tenures. that's what draws people to that number when you add that in and then close some loopholes and subsidies and do the budget cuts, we have already done a trillion. you can get to the $4 trillion that most economists say would at least lead us to the path to reduce debt over ten years. >> because it is so much money and because it would be so relatively painless for people who have income above $250,000 to see that change go back, because bill crystal is saying this now, because the president is clear that's what he's running on, it feels that's clear that's within the realm of the possible. but what else didn't previously peel like it was in the realm of possib
. >> could invite boehner over for bowling. it couldn't hurt. >> play golf with them. you are going to play golf anyway. >> there you go. it's a fantastic new book. check it out. "thomas jefferson, the art of power." thank you very much. >> appreciate it. >> why did president petraeus blame the attack on the video when he probably new better? thomas krauthammer next hour with a pretty good theory. and then a nine-year-old girl proving she can beat the boys at their own game. she is here next. [ timers ringing ] [ male announcer ] it's that time of year. time for campbell's green bean casserole. you'll find the recipe at campbellskitchen.com. ♪ campbell's. it's amazing what soup can do. [ husband ] transfer! [ male announcer ] free data transfer at home. you just deleted all the photos! you did! no you did! [ male announcer ] or free data transfer when you buy a windows 8 computer at staples. another way staples makes it easier to upgrade. military families face, we understan at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is
leaders to avoid the fiscal cliff. boehner and mcconnel and nancy pelosi and harry reed reed. without a deal billions of tax increases go into affect january 1st. and those are your head lines. i would like to be a fly on the wall for that meeting. >> brian: there is shock waves across the markets. coming in way above expectations, remember that explanation. hurricane sandy's fault. everyone gets fired when a hurricane hits? what kind of logic is that. >> a crash scene with a baby girl trapped in the twisted metal. but you haven't seen the hero that jumped inside to save her, he's coming up this hour. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. it's a new way to get cash back deals, and it's called bankamerideals! i sign into my online banking... click the "cash back deals tab"... and pick the deals i want. i just use my bank of america debit or credit card when i pay,
Search Results 0 to 15 of about 16 (some duplicates have been removed)